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Mpros
Level 1

GST not included in rules

Just wondering why when I set a rule. Ie for petrol under buisness use. I select it to include gst and then create a rule. 

I go through my transactions and none of them have gst included.

I've been using the app since 2017 and now I find I've been paying way to much gst to the government.

I have to got through 10000 plus transactions now to add gst to them all. 

1 Comment 1
IntuitSheila
Level 8

GST not included in rules

Hello Mpros, 

 

You'll have to manually click on Apply on the GST for the downloaded bank transactions in QuickBooks Self Employed to calculate GST on your transactions even if you have set up a bank rule.

 

Also, please check if your GST is turned on in your QuickBooks Self Employed account. Here's how:

 

  1. Click on the Cogwheel icon.
  2. Select Your work info.
  3. Tap GST.
  4. Select Exclusive or Inclusive.

Furthermore, I'd recommend also checking the bank rule you've set up. Here's how:

 

  1. Select Settings ⚙ and then Rules.
  2. Find the rule and select Edit.
  3. Make your changes and select Save.

You can check this article to learn more about GST in QuickBooks Self Employed:

 

Feel free to post a comment below if you need more help with QuickBooks Online. Have a nice day!